SpaceX reported better-than-expected Q2 revenue of $7.8 billion and adjusted EBITDA of $3.5 billion, with a smaller net loss than forecasted. However, shares fell 7.5% after hours due to concerns over $18.4 billion in capital spending, mainly on its AI unit xAI, which outpaces returns. Investors are also wary of a large share overhang, as 911.5 million shares worth about $116 billion will become available for sale soon, potentially flooding the market and pressuring the stock price. This supply increase comes amid Musk's ambitious revenue targets, but the market remains cautious about the timing and impact of these share releases.
Stack Capital Group Inc. reported a 22% increase in Book Value per Share to $20.25 for Q2 2026, driven largely by SpaceX's record $75 billion IPO and strong performances from portfolio companies like Fluidstack and X-Energy. The company also invested...
SpaceX reported $23 billion in trailing twelve months revenue, up 19% quarter-over-quarter, but remains deeply cashflow negative with a $32.3 billion operating cashflow deficit after capital expenditures. The company holds $60.6 billion in net cash a...
SpaceX has committed to using Nvidia GPUs exclusively, a move welcomed by investors with Nvidia's stock rising 1.8% pre-market on August 5. While this partnership is seen as a positive catalyst for Nvidia, the full financial impact is expected to be ...
AMD shares fell 8.8% in after-hours trading despite beating revenue and EPS expectations with $11.54 billion in sales and $1.66 EPS. The company also forecasted $13 billion in the next quarter, above estimates, and expects data center sales to double...
SpaceX reported strong Q2 results with $7.81 billion in revenue and $3.54 billion in adjusted EBITDA, surpassing expectations across most business segments. Starlink remains the main profit driver, generating $4.29 billion in revenue and $1.66 billio...
